SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

May 18, 2015 13:54 ET

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Etsy, Inc. of Pendency of Class Action Lawsuit and a Lead Plaintiff Deadline of July 13, 2015 -- ETSY

NEW YORK, NY--(Marketwired - May 18, 2015) - The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Etsy, Inc. (NASDAQ: ETSY) between April 16, 2015 through May 10, 2015

You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Eastern District of New York. If you purchased or otherwise acquired Etsy, Inc. ("Etsy") securities between April 16, 2015 and May 10, 2015, your rights may be affected by this action. To get more information go to:

HTTP://ZLK.9NL.COM/ETSY-ETSY

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that during the class period Etsy failed to disclose that: (a) more than 5% of all merchandise for sale on Etsy's website were counterfeit or constituted trademark or copyright infringement; (b) brands are increasingly pursuing sellers on Etsy's platform for trademark or copyright infringement, jeopardizing the Company's listing fees and commissions; and (c) as a result, Etsy's public statements were materially false and misleading.

If you suffered a loss in Etsy you have until July 13, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

  • CONTACT:
    Levi & Korsinsky, LLP
    Eduard Korsinsky, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (212) 363-7171
    www.zlk.com